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Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Broadstone Net Lease Inc (Symbol: BNL), Apple Hospitality REIT Inc (Symbol: APLE), and AvalonBay Communities, Inc. (Symbol: AVB) will all trade ex-dividend for their respective upcoming dividends. Broadstone Net Lease Inc will pay its quarterly dividend of $0.29 on 7/15/24, Apple Hospitality REIT Inc will pay its monthly dividend of $0.08 on 7/15/24, and AvalonBay Communities, Inc. will pay its quarterly dividend of $1.70 on 7/15/24. As a percentage of BNL's recent stock price of $15.93, this dividend works out to approximately 1.82%, so look for shares of Broadstone Net Lease Inc to trade 1.82% lower — all else being equal — when BNL shares open for trading on 6/28/24. Similarly, investors should look for APLE to open 0.56% lower in price and for AVB to open 0.83% lower, all else being equal.

Below are dividend history charts for BNL, APLE, and AVB, showing historical dividends prior to the most recent ones declared.

Broadstone Net Lease Inc (Symbol: BNL):

Apple Hospitality REIT Inc (Symbol: APLE):

AvalonBay Communities, Inc. (Symbol: AVB):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 7.28% for Broadstone Net Lease Inc, 6.69% for Apple Hospitality REIT Inc, and 3.33% for AvalonBay Communities, Inc..

In Wednesday trading, Broadstone Net Lease Inc shares are currently off about 0.6%, Apple Hospitality REIT Inc shares are off about 1.2%, and AvalonBay Communities, Inc. shares are off about 1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.